‘Don’t Get Caught Short’ Insurance Warning to Homeowners and Landlords from Valuations Experts - Alterations Can Change a Property’s Rebuild Cost
RebuildCostASSESSMENT, a UK insurance valuations provider, warns homeowners and landlords that property alterations, such as extensions or upgrades, can impact rebuild costs and potentially invalidate existing insurance assessments. With a significant number of UK properties inaccurately insured, the company advises reviewing rebuild costs every three years or after major changes to ensure accurate insurance coverage. This is crucial to avoid being underinsured or overinsured, which could affect
